CSU president expects to make on-campus stadium decision by early next week

12:28 AM,
Sep. 25, 2012

Joel Maxcy, associate professor at Temple University and vice president of the International Association of Sports Economists, explains numbers projected on a screen Monday, as he delivers his analysis to those gathered for the Save Our Stadium, Hughes- hosted event at Colorado State University's Lory Student Center in Fort Collins.

Written by

Trevor Hughes
TrevorHughes@coloradoan.com

A sports economist hired by opponents of Colorado State University's proposal to build a new on-campus football stadium says financial and attendance projections provided by CSU's stadium consultant are exaggerated and that the project's direct benefits would exceed costs only under "highly unusual" circumstances.

"In other words, under the most pessimistic of conditions, the new stadium could lose as much as $218 million over 30 years," concluded Joel Maxcy, a Temple University professor of sports and recreation management.